Forex trading strategies video tutorial

Forex trading strategies video tutorial

While we are trading a contrarian setup we still want to trade the forex fakey in the direction of the dominant trend. Essentially we wait for a false break to occur and then trade back in the direction of the existing trend.The reason the fakey is contrarian is because you are basically doing the opposite of what most other traders are doing. The signal formed at the key support level of 1.80 in the direction of the prevailing up trend.

This buy signal suggests price could potentially push. Watch Video. You May Also Like to Read This. Forex Strategies Strategies Video Mac Video Forex Rates Video Tutorials Awesome Tutorials Add Indicators Roy Dufek Fahion Tips ForwardMT4 for MAC Video Tutorial - Below is the video tutorial provided by Roy Dufek over at UrbanForex.com explaining how to install Metatrader on a MAC along with the procedures on how to add indicators and templates.

Let us know what you think of the video. And please due rate the video and show support to people like Roy who make awesome tutorials. See More. The setup was a very large pin bar setup that showed clear rejection of a strong horizontal level in the market. We then had 2 bearish pin bar setups in the context of a down trending market that also had confluence of rejecting a strong resistance level in the market.I made a reward of 3 times my risk on the pin bar setup in this video, it proved to be a very lucrative setup.

This is a forex trading strategies video tutorial example of how forex forex micro account oanda devisenrechner strategies like the pin bar setup traded with the dominant trend can make you money as a trader. As price action traders, we are always looking for those favorable trading circumstances to present themselves among the candlesticks.